Dionisio D’Aguilar, a former Bahamas Electricity Corporation (BEC) director, recently blasted the first Christie administration for the basic tariff reduction that caused “$100 million of equity to pour out” of the utility.

A resolution was tabled in the House of Assembly to secure a government guarantee for a $250 million private placement in the International Financial Markets by the Bahamas Electricity Corporation (BEC).

Bahamas Electrical Utility Managerial Union (BEUMU) President Ervin Dean said he has instructed his members to only work planned overtime that has been formally requested by the general manager or divisional heads.

An internal audit into overtime pay at the Bahamas Electricity Corporation (BEC) found the system has been abused – in some cases it was physically impossible for employees to work the amount of hours logged.